Jie Fang Ri Bao·2025-12-25 01:36Core Viewpoint - The introduction of blockchain technology is fundamentally transforming the bulk commodity trade in the Yangtze River Delta, enhancing efficiency and transparency in operations [1][2]. Group 1: Industry Overview - A group of large oil tankers is efficiently transferring oil products at Ningbo, Zhejiang, utilizing dedicated pipelines and advanced blockchain technology for order verification and registration [1]. - The Yangtze River Delta accounts for over one-third of China's total import and export trade, with key commodities like crude oil, iron ore, and non-ferrous metals playing a crucial role in national resource security and supply chain stability [1]. Group 2: Technological Impact - Blockchain technology is shifting the commodity trade from reliance on corporate credit to "physical credit" based on the status and ownership of goods, enabling full traceability and multi-party collaboration [2]. - The "航贸链" (Shipping Trade Chain) is facilitating the digital transformation of bulk commodity trade in Shanghai, with various stakeholders including storage institutions, registration platforms, exchanges, banks, and tax authorities achieving trusted collaboration [2].